Description

Schedule of activities for acquisition window takeover offer for OCTAWARE TECHNOLOGIES LTD shares from November 28, 2025 to December 11, 2025, offering up to 934,400 equity shares at Rs. 30 per share.

Summary

BSE has announced the schedule for an Offer to Buy – Acquisition Window (Takeover) for OCTAWARE TECHNOLOGIES LTD. The offer will run from Friday, November 28, 2025 to Thursday, December 11, 2025. The acquirer is offering to purchase up to 934,400 equity shares at Rs. 30 per share. Trading members and custodian members can participate through the iBBS platform and RTRMS systems during specified session timings.

Key Points

  • Security Details: OCTAWARE TECHNOLOGIES LTD (Symbol: OCTAWARE, ISIN: INE208U01019, Scrip Code: 540416)
  • Offer Size: Up to 934,400 equity shares
  • Offer Price: Rs. 30 per share
  • Face Value: Rs. 10.00
  • Market Lot: 1 share
  • Bid Offering Period: November 28, 2025 to December 11, 2025 (9:15 AM to 3:30 PM)
  • Give-up/Take-up Period: November 28, 2025 to December 10, 2025 (9:15 AM to 3:30 PM)
  • Last Day Give-up: December 11, 2025 (9:15 AM to 3:30 PM)
  • Last Day Take-up: December 11, 2025 (9:15 AM to 4:00 PM)
  • Trading members can only bid for investors having shares in demat form

Regulatory Changes

No regulatory changes introduced. This circular provides operational instructions for a specific corporate action following existing OTB framework as per Exchange Notices No. 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).

Compliance Requirements

  • Trading Members: Must ensure investor UCC is registered/updated with correct PAN number and category in Exchange UCC database
  • Bidding Eligibility: Only investors with shares in demat form can participate
  • Platform Access: Members must use iBBS platform (Internet: https://ibbs.bseindia.com/ or Leased Line: https://ibbsll.bseindia.com/) and RTRMS for participation
  • Category Classification: Bids must be placed under appropriate investor categories (FII, FI, MF, IC, OTH, NOH, CO, IND)
  • File Accessibility: End of Issue files will only be generated on Extranet if securities are accepted
  • Members requiring login credentials or password resets should contact Trading Operations at 022-22728005 or user.trdops@bseindia.com

Important Dates

  • Opening Date: Friday, November 28, 2025
  • Closing Date: Thursday, December 11, 2025
  • Bid Offering Period: November 28 - December 11, 2025 (9:15 AM - 3:30 PM daily)
  • Give-up/Take-up Period: November 28 - December 10, 2025 (9:15 AM - 3:30 PM)
  • Last Day for Give-up: December 11, 2025 (9:15 AM - 3:30 PM)
  • Last Day for Take-up: December 11, 2025 (9:15 AM - 4:00 PM extended)

Impact Assessment

Market Impact: Low - This is a company-specific takeover offer affecting only OCTAWARE TECHNOLOGIES LTD shareholders. The offer size of 934,400 shares represents a targeted acquisition and does not impact broader market operations.

Operational Impact: Medium for participating members - Trading members and custodians handling OCTAWARE shares need to be aware of the OTB schedule and ensure proper UCC registration for clients wishing to participate. The 14-day offer window provides adequate time for processing.

Investor Impact: High for OCTAWARE shareholders - Existing shareholders have the opportunity to tender their shares at Rs. 30 per share during the acquisition window. The offer price represents a 200% premium over the face value of Rs. 10.

Technical Requirements: Members must have access to iBBS and RTRMS platforms with valid credentials. Support contacts provided for technical assistance during the offer period.

Impact Justification

Corporate action affecting specific stock OCTAWARE with limited market-wide impact. Important for shareholders and trading members participating in the acquisition window but does not affect broader market operations.